Organizations, IMF, WTO, G7, UN Security Council Archives

BRICS, De-Dollarization and the Future of the US Dollar

25Sep

By Patti MohrNo Comments

Diplomacy and International Law, Finance, Currency, Debt, National Budgets & Interest Rates, Geopolitics, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Analysis

BRICS, De-Dollarization and the Future of the US Dollar

September 25, 2026—The model of a U.S.-led global economy, long established since the start of the 1944 Bretton Woods system, is coming under significant strain. It is not just wars disrupting freedom of navigation and the price of oil causing cracks in the system. Nor is it only a reflection of the mounting U.S. debt and annual deficits. It is also a growing movement towards multilateralism. What gives that momentum are shifts toward competing financial infrastructures, new geopolitical alliances, and novel methods of settling cross-border payments. These pose challenges to the existing order and the dollar-dominated trading system. In the past month, we’ve witnessed the greatest acceleration this change. We see new strategic alliances, less trust in the U.S. defense, and a ground-up i...

Risk to Global Economy, Food Security, IMF, IEA & World Bank Warn

14Apr

By Patti MohrNo Comments

Finance, Banks, Cryptocurrency, Metals, Global Economics, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

Risk to Global Economy, Food Security, IMF, IEA & World Bank Warn

The IMF is holding its annual spring meetings this week. Photo from April 14 2026 press conference. April 14, 2026—The International Monetary Fund warned of market stress, higher inflation, and disproportionate harm to emerging markets due to ongoing war in the Middle East. The fund adjusted its global economic growth projections downward from 3.4 percent in 2025 to 3.1 percent in 2026, with the largest decline impacting countries in the Middle East and Central Asia. The full report for the “World Economic Outlook” and related materials won’t be available until April 30, 2026. A second report, the Global Financial Stability Report, warned of risks to financial stability. Writing in an IMF post accompanying the report, Tobias Adrian, director of the IMF's Monetary and Capital Marke...

G7 Calls for ‘Immediate Cessation of Attacks on Civilians’ and Infrastructure

27Mar

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Diplomacy and International Law, Geopolitics, Global Trade, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

G7 Calls for ‘Immediate Cessation of Attacks on Civilians’ and Infrastructure

War, Trade Through Strait of Hormuz Key Topics in G7 Foreign Minister Meetings in France March 27, 2026—G7 Foreign ministers of G7 countries— Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—along with the European Union met in France today discussing, the closure of the Strait of Hormuz, maritime and port security, critical minerals supply chains, and counter-narcotics strategies. In the wake of the expanding U.S.-Israel-Iran war, foreign ministers discussed critical issues facing the global economy. G7 France March 27 2026 The ministers released the following statement urging freedom of navigation and an end to assaults on civilians and critical infrastructure. “We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, th...

UN Security Council Condemns Iran’s Strikes on Gulf States

11Mar

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Diplomacy and International Law, Middle East, Organizations, IMF, WTO, G7, UN Security Council

UN Security Council Condemns Iran’s Strikes on Gulf States

UNSC Rejected Russia's Draft Resolution Calling on 'All Parties' to Stop Military Activities March 11, 2026—The UN Security Council passed a resolution on March 11 condemning retaliatory attacks by Iran against the Gulf region, specifically Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates and Jordan. Bahrain offered the resolution on behalf of the Gulf Cooperation Council. The council approved it on a 13-0-2 vote, with China and Russia obstaining. The resolution, S. Res. 2817, affirmed the right of “individual or collective self-defense” and deplored “the deliberate targeting of civilians and civilian objects by the Islamic Republic of Iran, including airports, energy installations, objects necessary for food production and distribution, and critical civilian i...

ICJ: Israel Must Allow Humanitarian Aid to Gaza Through UN Agencies

22Oct

By Patti MohrNo Comments

Legal Battles, International Law, Justice, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

ICJ: Israel Must Allow Humanitarian Aid to Gaza Through UN Agencies

Judgment Strikes Blow to Israeli Laws Against UNRWA October 22, 2025—The International Court of Justice, the highest judicial body of the United Nations, ruled today that Israel is obligated as the occupying power to allow humanitarian aid to the people in the Gaza Strip. Furthermore, the court ordered Israel 1.) to respect the prohibition on the forcible transfer of a population and 2.) allow the International Committee of the Red Cross to visit detainees. Today’s decision comes at the request of the UN General Assembly, specifically after Israel’s legislature voted to block UNRWA, the United Nations Relief and Works Agency for Palestine Refugees in the Near East, from work. The ICJ is considering three separate cases relating to Israel-Palestine. Today’s 71-page Advisory Opinio...

Top Ten Deadliest Places for Humanitarian Aid Workers

21Aug

By Patti MohrNo Comments

Legal Battles, International Law, Justice, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief, Types of News: Infographic

Top Ten Deadliest Places for Humanitarian Aid Workers

520 Aid Workers Killed in Gaza Since October 2023 August 21, 2025—On Worldwide Humanitarian Day, diplomats and humanitarians in Geneva marked the rise of incidents against aid workers. The community saw another rise in violence this year, with 265 aid workers killed so far this year. That follows a spike in 2024 of 383 humanitarians killed. Aid workers are protected by International Humanitarian Law. The rise in violence against aid workers undermines that law. ‘Normalization of Violence’ Tom Fletcher, Under-Secretary-General for Humanitarian Affairs and Emergency Relief, condemned “the normalization of violence against this community.” The worst place for humanitarian workers is the occupied Palestinian territory of Gaza, where 520 aid workers have been killed since October 20...

US Vetos UNSC Resolution Calling for A Ceasefire

8Dec

By Patti MohrNo Comments

Diplomacy and International Law, Human rights, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Videos

US Vetos UNSC Resolution Calling for A Ceasefire

December 8, 2023--The United States vetoed another resolution in the UN Security Council regarding the humanitarian crisis in Gaza. The meeting came as António Guterres, Secretary-General of the United Nations, invoked a rarely used tool in the UN Charter to call for a special meeting in the UNSC. Article 99 gives the Secretary-General the right to bring to the Security Council any matter that "may threaten the maintenance of international peace and security.” It is the first time Guterres used it. Thirteen members of the Security Council voted for the resolution. The United Kingdom abstained. The United States voted against it, effectively vetoing it as one of the five permanent members. https://www.youtube.com/watch?v=r2TrUKMw_6Q

G7 Foreign Ministers Call For Pauses In Gaza War

8Nov

By Patti MohrNo Comments

Diplomacy and International Law, Foreign Aid, International Development, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

G7 Foreign Ministers Call For Pauses In Gaza War

November 8, 2023—A day after Israeli Prime Minister Benjamin Netanyahu rejected a call by the U.S. and world leaders to pause the war, G7 foreign ministers called for "urgent action to address the deteriorating humanitarian crisis in Gaza." Specifically, the G7 statement called for the protection of civilians. "We support humanitarian pauses and corridors to facilitate urgently needed assistance, civilian movement, and the release of hostages. Foreign nationals must also be allowed to continue to depart. We underscore the importance of protecting civilians and compliance with international law, in particular international humanitarian law." The calls for a ceasefire or pause have only grown during the month-long war as civilian deaths and casualties have grown. G7 minist...

UN Chief Says Terror Attacks Cannot Justify ‘Collective Punishment’

25Oct

By Patti MohrNo Comments

Human rights, Legal Battles, International Law, Justice, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

UN Chief Says Terror Attacks Cannot Justify ‘Collective Punishment’

Guterres Stands By His Comments After Israel Misinterprets Message October 25, 2023—United Nations Secretary-General António Guterres is standing by comments he made yesterday at the UN Security Council after Israel's ambassador erupted in rage. The flare-up occurred on the sidelines of a day-long meeting by the Security Council on the security situation in the Middle East, the Israel-Hamas war, and the massive humanitarian crisis in Gaza. 'Even War Has Rules' On Tuesday, Guterres clearly condemned the October 7 terrorist attacks against Israel by Hamas, acknowledged longstanding problems with Israel's 56-year occupation of the Palestinians, and reminded all parties that "even war has rules." https://youtu.be/XKSQMYsQEg4?si=qur83ZTBRnjshpz9 Guterres h...

US Vetos UN Resolution On Humanitarian Aid For Gaza

20Oct

By Patti MohrNo Comments

Human rights, Legal Battles, International Law, Justice, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

US Vetos UN Resolution On Humanitarian Aid For Gaza

Full Text of Security Council Resolution Offered By Brazil October 20, 2023—The same day President Biden negotiated a plan to allow 20 trucks to deliver humanitarian aid into Gaza, the United States vetoed a resolution in the UN Security Council that would have called for protections for civilians, humanitarians, and UN personnel inside Gaza. The resolution would have created humanitarian corridors for distributing aid and helping civilians escape to safe zones. It also would have called for an immediate release of Israeli and American hostages held by Hamas. Fourth Resolution To Fail It was the fourth resolution related to the Israel-Hamas war to fail this week. It had the strongest chance of passing the Security Council. The veto by the United States, one of the five Permane...